Avalanche (AVAXUSDT) Trade SignalDirection: Buy
Enter Price: 35.03
Take Profit: 36.01333333
Stop Loss: 34.30333333
Justification:
The recommendation to buy AVAXUSDT at an entry price of 35.03 is based on a comprehensive analysis using the EASY Quantum Ai strategy. This strategy leverages advanced artificial intelligence models to predict market trends and identify potential profitable opportunities.
Key factors influencing this buy signal include:
1. Positive Momentum: Recent price movements have indicated a bullish trend, with increasing market interest and upward momentum that suggests further appreciation.
2. Technical Indicators: Key technical indicators such as moving averages and RSI (Relative Strength Index) support a buy decision, showing oversold conditions that are reversing.
3. Market Sentiment: Sentiment analysis from news, social media, and market data reflects positive sentiment towards AVAX, contributing to the anticipated price increase.
This forecast suggests a strategically favorable entry point at 35.03, with a take profit target set at 36.01333333 and a stop loss positioned at 34.30333333 to manage risk. The use of the EASY Quantum Ai strategy ensures data-driven decisions for optimal trading outcomes.
AVAXUSDT.P trade ideas
AVAX Analysis and Signal on 4HAVAX Analysis and Signal on 4H
🔵Entry Zone 35.00 - 35.96
🔴SL 33.48
🟢TP1 38.68
🟢TP2 41.42
🟢TP3 43.66
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
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Avalanche (AVAX): Possible Rejection From EMAs (100&200)Avalanche has had a nice rejection and now broke also EMAs (where price is currently re-testing them).
We are waiting for that rejection to be successful, which would result in further movement to lower zones, towards the support zone.
Swallow Team
AVAX - CAME TO GLOBAL RESISTANCEAnalyzing the chart, it becomes obvious that the price is trading within the global resistance zone spanning from 44 to 56.
Given this context, it is wise to look for attractive short-term setups, as they are quite reasonable at this stage.
The initial target could be to remove liquidity behind the wick (x) at 27.24, and further targets could be to fill the imbalance on the daily timeframe (FVG) around 23.70.
The third target involves withdrawing liquidity at 18.90(x) and then targeting a significant imbalance (FVG) over a one-week period.
Here we can already start looking for good setups in the downward movement, we are waiting for our confirmation!
22/5/2024 AVAX Long TradeBy looking at 1D, we can see that AVAX was in Consolidate Area from 13/4 - 20/5
The Top and Bottom of the Consolidation Area is label with ORANGE line.
Finally, Avax has breakout the resistance of consolidation area.
Long Plan:
Entry 1 : 39.45 (Resistance become support) 50%
Entry 2 : 37.65 (Theoretically, This is where price could form a Higher LOW, White line) 50%
*I couldn't choose which entries is the best, so I pick BOTH
CL : within the Consolidation Area, Below 37.2 (add 2-3% buffer)
TP Zone : 47.63 - 50.74
(4H Looks)
AVAX/USDT upward momentum from descending resistance breakout? 💎 Paradisers! Keep a close watch on #AVAXUSDT as it shows strong indications of a bullish continuation following a breakout from its descending resistance.
💎 Reviewing recent movements, #Avalanche has effectively broken above its descending resistance and is now positioned for a rise starting from the demand level at $36.72. If it can maintain this momentum, we expect a vigorous advance toward higher levels, although some initial resistance might provoke a significant uptick.
💎 It’s crucial to consider that if the price struggles to maintain momentum at the current demand level, it could signal a softening of the bullish scenario. In such an event, we are prepared to capitalize on a bullish rebound from a lower support level at $35.11. The substantial liquidity at this level indicates that CRYPTOCAP:AVAX could mount a strong bullish recovery. Nonetheless, a breach below this demand level could lead to a notable decline in price.
MyCryptoParadise
iFeel the success🌴
AVAX LONG! Potential Swing Play to the upsideAVAX Long Position. on the 4-hour chart we see the wick is bouncing off of the 50 moving average. Confirmed the position with the Stock RSI indicator crossing over. Most Cryptos will be extremely Bullish Today. Also US30 stocks have a potential push as well, including Boeing.
It is possible we could see a huge wick to the downside so minimize your lot size for example, if you have a $10,000 account, minimize lot size to .10 lots on a 100:1 account.
place 2 x .05 lots.
STOP LOSS @ 35.15
TAKE PROFIT @ 40.53
ENTER NOW @ 37.14 or at US open for better entry.
Avalanche (AVAX): Possible Zone Of Rejection / IncomingAvalanche had broken the 100EMA with a nice and steady upward movement here, which is now approaching the 200EMA threshold zone.
We are looking for a potential movement to lower zones near the current market price, which has also led RSI into the overbought zones.
If we see a nice rejection here, we will see further downward movement!
Swallow Team
AVAX/USDT It looks fake out, is need reclaim for back to upward!💎 Paradisers, #AVAX is indeed a coin worth monitoring closely.
💎 It has experienced a fakeout, indicating uncertainty in the market. This could lead to a potential test of the OB (Order Book) to gather liquidity before attempting to reclaim or break the resistance level for continued upward movement.
💎 However, if AVAX successfully reclaims the price above the resistance without testing the OB first, it may signal strong bullish momentum, potentially leading to a move towards the supply area around the $47 level.
💎 Breaking through the supply area is crucial to confirm a bullish trend reversal, indicating further upward movement for AVAX.
💎 Conversely, if AVAX fails to break through the supply area and experiences a strong rejection, the price may retreat and test the support level around $39.8, which previously acted as resistance.
💎 A concerning scenario would be if AVAX fails to bounce upon reaching the OB area, potentially leading to a breakdown and a move towards the key support level.
💎 In such a case, a bearish invalidation would occur if AVAX breaks below the key support level and the daily candle closes below it, signaling a continuation of the bearish movement with potential further downward momentum.
MyCryptoParadise
iFeel the success🌴
Avalanche (AVAX): Fakeout Or Breakout?Avalanche is still trading inside those zones where a recent touch to upper resistance has resulted in a nice breakout of EMAs and also a fakeout near the resistance zone.
We are looking now for a possible movement to lower zones here, but before that, we need to secure those EMAs.
Swallow Team
🔥 AVAX End Of Accumulation, Bulls Rejoice!After a month of trading below the diagonal purple resistance line, AVAX has finally broken out. The break out was accompanied with high volume, further reinforcing the bullish narrative.
My expectation is that there's going to be some kind of altseason in the coming weeks, boosted by Ethereum's ETF optimism.
For now, the signal on chart is my bet.
AVAXUSDTBINANCE:AVAXUSDT
it seems we've formed a bullish trend with three upward waves and created an ascending channel on the daily timeframe. After the wave C, we experienced a downward move, breaking the bottom of the ascending channel. Additionally, we now have a bearish divergence between the highs A and C and the current situation finds us standing at the previous B bottom before wave C.
So If we break this support we might head towards retesting the $20 support
or retesting the descending channel between the price range of $42 to $43.
to see what unfolds.
Avax exits demandAVAX is finally exiting the weekly demand zone and consolidation phase on this BTC pump. I expect a steady push towards 60 dollars over the next few weeks. There is a ton of resistance between 41-43$. AVAX is finally back above the EMAs, that with the reversing stochastic on the weekly show the pivot.
Short-term: 43$ area
Medium-Term: 60$
Year target over 100$
Lingrid | AVAXUSDT pullback and CONTINUATIONThe price perfectly fulfilled my previous idea. It hit the target level. BINANCE:AVAXUSDT has recently extended its upward movement, successfully breaking through the key level at $40. On the daily timeframe, we can see that the market has finally broken out of the range zone that had been in place for a month. Furthermore, the daily candle formed a strong bullish signal, indicating a significant buildup of bullish pressure. I believe that the market is finally transitioning out of its accumulation phase and is likely to lead to an upward move towards higher prices. In this scenario, I expect a classic pullback and continuation pattern to play out. My goal is the resistance zone around 44.50.
Traders, if you like this idea or have your own opinion on this matter, write in the comments. I will be glad 👩💻